A Platform was launched this morning at Reserve Bank for the financial innovation challenge to help address the issues dealing with loans.
The main aim is for Pacific Financial inclusion programme is to work with its partner, the National Bank of Vanuatu, to address the loan process in a digital innovation way, thus making it more quicker, simpler and faster.
Information Technology  operators were present to see how they can come up with ideas to solve the issue.
The Governor of Reserve bank, Simeon Athy says he is happy with the launch and wished all applicants success in their applications.